
The Trump Administration Thinks You Should Be OK With Being Poor
HuffPost
As the country's economic outlook bleakens, Trump officials are trying to convince us that actually, being poor is a good thing.
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The Trump administration released bad news about the economy on Wednesday: According to the U.S. Department of Commerce, the economy shrank for the first time since 2022 in what is likely the first tangible sign for everyday Americans of the impact of President Donald Trump’s policies.
The news sent the stock market into a tailspin, while business owners warned that shoppers could start seeing empty store shelves.
But even as the bad news piles up, the Trump administration has decided to reassure panicked consumers with a chilling talking point: Poverty is good, actually.
Last month, as economists warned of the harm Trump’s tariff policies could cause, including drastically increasing the price of goods, Treasury Secretary Scott Bessent attempted to dismiss those concerns by insinuating that being able to afford things is not important to Americans.













